How Low Can It Go?

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Originally Posted by saden1

He's a liberal working for a liberal paper but he explains the game very well. BTW the game isn't limited to just hedge fund managers either. Those CEOs paying themselves $1 a year mostly pay 15% tax rate.

His article never mentioned CEO's and paying them self a $1 and where is that now coming from because last time it was they are paid too much. The article pointed to hedge fund mgrs. who use a loopole (spelling?) to get around paying taxes as ordinary income. Why not just close the loopole to stop that and leave the capital gains tax alone. That way both sides get what they want.